Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc Sells 3,827 Shares of Stock

Kohl’s Co. (NYSE:KSS) EVP Feeney Siobhan Mc sold 3,827 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $14.05, for a total value of $53,769.35. Following the completion of the transaction, the executive vice president now directly owns 133,091 shares in the company, valued at $1,869,928.55. The trade was a 2.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Kohl’s Stock Down 2.5 %

Shares of KSS opened at $13.47 on Thursday. The firm has a 50 day simple moving average of $15.71 and a two-hundred day simple moving average of $18.73. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.05 and a quick ratio of 0.12. Kohl’s Co. has a one year low of $13.26 and a one year high of $29.60. The company has a market cap of $1.50 billion, a P/E ratio of 6.07, a P/E/G ratio of 1.38 and a beta of 1.87.

Kohl’s (NYSE:KSS) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The business had revenue of $3.71 billion for the quarter, compared to analyst estimates of $3.64 billion. Kohl’s had a return on equity of 6.44% and a net margin of 1.47%. Kohl’s’s quarterly revenue was down 8.5% on a year-over-year basis. During the same period last year, the firm posted $0.53 EPS. Research analysts forecast that Kohl’s Co. will post 1.3 EPS for the current fiscal year.

Kohl’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Wednesday, December 11th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 14.85%. The ex-dividend date was Wednesday, December 11th. Kohl’s’s dividend payout ratio (DPR) is presently 90.09%.

Hedge Funds Weigh In On Kohl’s

A number of institutional investors have recently added to or reduced their stakes in KSS. Quadrature Capital Ltd grew its stake in shares of Kohl’s by 151.8% during the third quarter. Quadrature Capital Ltd now owns 66,744 shares of the company’s stock worth $1,408,000 after buying an additional 40,238 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Kohl’s by 149.3% in the 3rd quarter. Pacer Advisors Inc. now owns 16,572,086 shares of the company’s stock worth $349,671,000 after purchasing an additional 9,925,878 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Kohl’s in the third quarter valued at about $735,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Kohl’s during the third quarter valued at about $2,694,000. Finally, Victory Capital Management Inc. grew its holdings in shares of Kohl’s by 226.4% during the third quarter. Victory Capital Management Inc. now owns 137,531 shares of the company’s stock worth $2,902,000 after purchasing an additional 95,398 shares during the last quarter. 98.04% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on KSS shares. Baird R W lowered Kohl’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 27th. Gordon Haskett lowered shares of Kohl’s from a “hold” rating to a “reduce” rating and set a $11.00 price target on the stock. in a research report on Tuesday, November 26th. Citigroup cut their price objective on shares of Kohl’s from $18.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, November 27th. Telsey Advisory Group lowered their target price on shares of Kohl’s from $23.00 to $17.00 and set a “market perform” rating on the stock in a report on Wednesday, November 27th. Finally, Robert W. Baird cut Kohl’s from an “outperform” rating to a “neutral” rating and cut their price target for the company from $25.00 to $18.00 in a research note on Wednesday, November 27th. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat, Kohl’s presently has an average rating of “Hold” and a consensus price target of $17.22.

About Kohl’s

Kohl’s Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.